Which of the Following Is Not a Requirement of an S-Corporation

question 33

Multiple Choice

Which of the following is not a requirement of an S-corporation?

• A)maximum of 100 stockholders
• B)each stockholder must be a U.S.citizen or resident
• C)revenues must be less than $1 million annually
• D)all stockholders must concur with the decision to form the S-corporation

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Definitions:

Insulin Levels

The concentration of insulin in the bloodstream, which is central in regulating carbohydrate and fat metabolism in the body.

Lateral Hypothalamus

An area of the brain that plays a critical role in the control of appetite and behavior related to food intake.

Glucagon Levels

The concentration of glucagon, a hormone important in glucose metabolism, in the bloodstream.

Insulin Levels

The concentration of insulin, a hormone essential for glucose metabolism, in the bloodstream.